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Engineering Economics

Engineering Economics
Under ordinary simple interest, how many days in one year?

366
300
365
360

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Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P44.55
P37.56
P54.66
P 62.44

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Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Economic Analysis
Design cost analysis
Engineering economy
Engineering cost analysis

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Straight line method
Declining balance method
Sum-of-year digit method
Sinking fund method

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Engineering Economics
The more critical (or severe) test of the firm's liquidity can be judged by:

Acid-Test (or Quick) ratio
Debts ratio
Liquidity ratio
Current ratio

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1203
0.1219
0.1029
0.1154

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